Cigna Investments Inc. New Has $250,000 Holdings in lululemon athletica inc. $LULU

Cigna Investments Inc. New trimmed its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 10.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,052 shares of the apparel retailer’s stock after selling 120 shares during the quarter. Cigna Investments Inc. New’s holdings in lululemon athletica were worth $250,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC increased its holdings in shares of lululemon athletica by 37,062.1% during the 1st quarter. GAMMA Investing LLC now owns 563,006 shares of the apparel retailer’s stock valued at $159,364,000 after acquiring an additional 561,491 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its position in lululemon athletica by 151.6% during the first quarter. T. Rowe Price Investment Management Inc. now owns 770,336 shares of the apparel retailer’s stock worth $218,052,000 after purchasing an additional 464,186 shares during the period. Nuveen LLC acquired a new position in lululemon athletica during the first quarter valued at approximately $123,894,000. Alliancebernstein L.P. raised its position in shares of lululemon athletica by 9.0% in the first quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock valued at $1,356,507,000 after purchasing an additional 394,706 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of lululemon athletica by 3.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer’s stock worth $1,418,389,000 after buying an additional 162,295 shares during the last quarter. 85.20% of the stock is currently owned by institutional investors.

lululemon athletica Stock Down 4.0%

LULU stock opened at $172.01 on Friday. The company has a market cap of $20.40 billion, a PE ratio of 11.69, a price-to-earnings-growth ratio of 11.19 and a beta of 1.12. lululemon athletica inc. has a twelve month low of $159.25 and a twelve month high of $423.32. The business’s 50-day simple moving average is $193.13 and its 200 day simple moving average is $247.86.

lululemon athletica (NASDAQ:LULU) last issued its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, topping the consensus estimate of $2.86 by $0.24. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The firm had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.55 billion. During the same period last year, the business earned $3.15 earnings per share. lululemon athletica’s quarterly revenue was up 6.5% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. On average, equities research analysts anticipate that lululemon athletica inc. will post 14.36 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on LULU shares. Rothschild & Co Redburn lowered their target price on shares of lululemon athletica from $230.00 to $160.00 and set a “sell” rating on the stock in a research note on Friday, September 12th. BMO Capital Markets lowered their price target on lululemon athletica from $302.00 to $250.00 and set a “market perform” rating on the stock in a research report on Friday, June 6th. Sanford C. Bernstein cut their price objective on lululemon athletica from $350.00 to $220.00 and set an “outperform” rating for the company in a research report on Friday, September 5th. Bank of America decreased their target price on lululemon athletica from $210.00 to $185.00 and set a “neutral” rating for the company in a research note on Friday, September 12th. Finally, BTIG Research dropped their price target on lululemon athletica from $375.00 to $303.00 and set a “buy” rating on the stock in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, twenty-six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $234.64.

lululemon athletica Profile

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.